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Sunbelt of Sacramento

Established Flooring Business In Southern California For Sale

Southern California, California, US
Asking Price:
$349,500 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$650,000
Cash Flow:
$132,000

This Southern California-based Flooring Business is a California Limited Liability Company that has been in operation for the past 37 years under the founder. They offer luxury vinyl, carpet, tile, hardwood and laminate flooring. This is a turnkey service where they provide upfront consultation and education in home/business measurement and installation. They cover residential, small and large commercial, insurance and new construction. They are currently part of a large privately owned cooperative that provides lower buying costs, advertising and marketing services, technical solutions, etc. However, the new owner can choose to not be part of the privately owned cooperative and be fully independent. The Seller has a C15 Flooring & Floor Covering Contractors License that does not transfer with the sale. The Buyer would need to have this license or subcontract all flooring installations out to an organization or individual that has this license.
Real Estate Available: No
Real Estate Included: No
Real Estate Value: -2

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: 1650
Owner worked hours per week: 30
Market Competition: The US Flooring Market was valued at $20.87 Billion in 2023 and is projected to attain a market valuation of $30.51 Billion by 2032 at a CAGR of 4.31% during the forecast period ---------.

Property Information

Size in square feet:
1,200

Business Operation

Reasons for selling:

The reason for selling is that the Sellers are looking to pursue other interests.

Employees:
Full Time: 1, Part Time: 1, Contractors: 3
Years established:
37

Other Information

Support & training:

The seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed-upon terms between the buyer and the seller.

Financing available:

Downpayment Required: ------

Inventory / Stock value:
$6,000 - included in the asking price